Long Established Busy High End Optical Practice Available
Listing Details
- Down Payment: $479,000
- Sales: $877,113
- Seller's Discretionary Earnings: $306,204
- Inventory: $229,000
- Furniture, Fixtures, and Equipment: $65,000
- Rent: $7,328
- Employees:
- Year Established: 2001
- Reason for Selling: Retiring
Business Description
Established Upscale Optical Practice with Designer Eyewear and In-House Lab
Chic Optique is an established optical practice with 24 years under the same ownership and at the same location. The practice serves a loyal clientele and benefits from repeat business and referrals. Its location in a busy mixed-use area, surrounded by shops, restaurants, and professional offices, provides visibility and foot traffic.
The practice brings together an upscale dispensary, a dedicated exam space, and a modern digital finishing lab. The sale includes a substantial inventory of current designer and high-end frames. An experienced staff and a well-established retail operation give an incoming owner a foundation for continuing to serve existing patients and eyewear customers.
This opportunity may be especially attractive to an optometrist who wants to combine clinical practice with an established optical retail business. Professional fees reflected in the financial statements are paid directly to the independent optometrist. An optometrist-owner who provides exams may have the opportunity to retain applicable professional fees and pursue additional insurance reimbursements. The financial impact will depend on exam volume, payer participation, reimbursement rates, and the cost of providing care.